bl4ckoffee

ETH SHORT SCALP ASIAN RANGE HIGH TO PRICE ARRAYS BELOW AR50

Short
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Day's Bias: Bullish

Plot:

Descending Channel formation pattern.
Price expands in the Asian Session, price is expected to return close around it's 50%.
Price Arrays below AR50 to enter longs.
If I am right that we reached the top of Asian Range, price is going to mitigate price arrays on or below its 50%.
Bounce off AR50 within London or NY Sessions will be explosive.
Taking this Short Scalp and setup a Long right below AR50.

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